An 8 bedroom HMO with ground floor apartment
Paignton, Devon
A luxury 8 x unit registered HMO together with owner’s ground floor one-bedroom spacious apartment with its own garden and parking. Situated in the very heart of Paignton, Devon and within walking distance of all local amenities, seafront and harbour. This high-income producing investment provides our client with an impressive income without much work required. Six of the eight units are en-suite but an additional one could be created by simply moving a stud-wall. The quality of the refurbishment is high which reflects in the monthly income of over £4,900. Early viewing is highly recommended.
Warefield House is situated on Warefield Road which is within 150 meters of Paignton Sea front and a level walk to the town centre and all local amenities. It enjoys good parking facilities next door and has easy access to train station, coach station, A380 and International airport at nearby Exeter.
This investment is owner operated by one person with very little work required because of the very high decorative and overall condition of the property. Generating over £4,900 per calendar month, the good standard and reputation means there are people calling every week to enquire about availability. Should a new owner not require living on site, the one-bedroom accommodation would generate an additional income of approx. £850 per calendar month. The utilities have been fixed into a favourable rate and overall outgoings are low. Actual trading accounts will be made available following successful formal viewing.
RECEPTION FLOOR
LETTING ACCOMMODATION
ROOM 1
A double room with an en-suite comprising of a shower, low level WC and wash hand basin. The bedroom has a window to front of the property.
ROOM 2
A double room with an en-suite comprising of a shower, low level WC and wash hand basin. The bedroom has a window to rear of the property.
1st FLOOR ½ Landing
ROOM 3
A single room with its private bathroom comprising of a shower, low level WC and wash hand basin. The bedroom has a window to rear of the property.
1st FLOOR
ROOM 4
A double room with an en-suite comprising of a shower, low level WC and wash hand basin. The bedroom has a window to rear of the property.
ROOM 5
A double room with an en-suite comprising of a shower, low level WC and wash hand basin. The bedroom has a window to front of the property.
ROOM 6
A single room with its own private bathroom comprising of a shower, low level WC and wash hand basin. The bedroom has a window to rear of the property.
2nd FLOOR
ROOM 7
A double room with an en-suite comprising of a shower, low level WC and wash hand basin. The bedroom has a window to rear of the property.
ROOM 8
A double room with an en-suite comprising of a shower, low level WC and wash hand basin. The bedroom has a window to front of the property.
GROUND FLOOR
LAUNDRY ROOM
Which comprises of coin operated washing machine and tumble dryer.
RECEPTION FLOOR
A luxurious presented kitchen with a fully fitted modern kitchen, lounge area with comfortable sofa suite and dining area.
OWNERS ACCOMMODATION
The owner’s accommodation is highly private and situated to the rear of the premises with its own entrance and enclosed garden and parking for several vehicles. The apartment comprises of lovely open planned lounge/ kitchen with large patio sliding doors to the garden. To the rear is a double bedroom and recently fitted modern en-suite.
PARKING
Immediately to the front, there is carpark for approx. 3 x vehicles and an additional 3 x spaces to the rear of the property.
PLANING
The property had planning permission to create a further 2 letting rooms on the ground floor. (planning ref: P/2008/1714
FIXTURES AND FITTINGS
All trade fixtures and fittings except for our vendor’s private inventory will be included in this sale. A full inventory will be provided prior to exchange of contracts. No testing of these fixtures or any appliance has been undertaken by the agents, Ware Commercial.
SERVICES
Mains gas, electricity water, broadband and drainage are all connected. No testing of these services has been undertaken by the agents, Ware Commercial.
BUSINESS RATES
Please make enquiries on the local valuation website (VOA) at www.voa.gov.uk (Currently the main house is band C and the owners accommodation is band A
TENURE
Freehold
VIEWINGS.
All viewings and enquiries are to be made through the agents, Ware Commercial.
TEL. 01803 328880 or 01392 462266 Email. [email protected] www.warecommercial.com
Misrepresentation Act
Misrepresentation Act 1967. The Particulars are not considered a formal offer, they are for information only and give a general idea of the property. They are not to be taken as forming any part of a resulting contract nor be relied upon as statements or representations of fact. Whilst every care is taken in their preparation, no liability can be accepted for their accuracy. Intending purchasers must satisfy themselves by personal inspection or otherwise as to the correctness of these particulars.
An 8 bedroom HMO with ground floor apartment
Paignton
£650,000 FreeholdWarefield House, 4 Warefield Road, Paignton, Devon, TQ3 2BH
A luxury 8 x unit registered HMO together with owner’s ground floor one-bedroom spacious apartment with its own garden and parking. Situated in the very heart of Paignton, Devon and within walking distance of all local amenities, seafront and harbour. This high-income producing investment provides our client with an impressive income without much work required. Six of the eight units are en-suite but an additional one could be created by simply moving a stud-wall. The quality of the refurbishment is high which reflects in the monthly income of over £4,900. Early viewing is highly recommended.
Warefield House is situated on Warefield Road which is within 150 meters of Paignton Sea front and a level walk to the town centre and all local amenities. It enjoys good parking facilities next door and has easy access to train station, coach station, A380 and International airport at nearby Exeter.
This investment is owner operated by one person with very little work required because of the very high decorative and overall condition of the property. Generating over £4,900 per calendar month, the good standard and reputation means there are people calling every week to enquire about availability. Should a new owner not require living on site, the one-bedroom accommodation would generate an additional income of approx. £850 per calendar month. The utilities have been fixed into a favourable rate and overall outgoings are low. Actual trading accounts will be made available following successful formal viewing.
RECEPTION FLOOR
LETTING ACCOMMODATION
ROOM 1
A double room with an en-suite comprising of a shower, low level WC and wash hand basin. The bedroom has a window to front of the property.
ROOM 2
A double room with an en-suite comprising of a shower, low level WC and wash hand basin. The bedroom has a window to rear of the property.
1st FLOOR ½ Landing
ROOM 3
A single room with its private bathroom comprising of a shower, low level WC and wash hand basin. The bedroom has a window to rear of the property.
1st FLOOR
ROOM 4
A double room with an en-suite comprising of a shower, low level WC and wash hand basin. The bedroom has a window to rear of the property.
ROOM 5
A double room with an en-suite comprising of a shower, low level WC and wash hand basin. The bedroom has a window to front of the property.
ROOM 6
A single room with its own private bathroom comprising of a shower, low level WC and wash hand basin. The bedroom has a window to rear of the property.
2nd FLOOR
ROOM 7
A double room with an en-suite comprising of a shower, low level WC and wash hand basin. The bedroom has a window to rear of the property.
ROOM 8
A double room with an en-suite comprising of a shower, low level WC and wash hand basin. The bedroom has a window to front of the property.
GROUND FLOOR
LAUNDRY ROOM
Which comprises of coin operated washing machine and tumble dryer.
RECEPTION FLOOR
A luxurious presented kitchen with a fully fitted modern kitchen, lounge area with comfortable sofa suite and dining area.
OWNERS ACCOMMODATION
The owner’s accommodation is highly private and situated to the rear of the premises with its own entrance and enclosed garden and parking for several vehicles. The apartment comprises of lovely open planned lounge/ kitchen with large patio sliding doors to the garden. To the rear is a double bedroom and recently fitted modern en-suite.
PARKING
Immediately to the front, there is carpark for approx. 3 x vehicles and an additional 3 x spaces to the rear of the property.
PLANING
The property had planning permission to create a further 2 letting rooms on the ground floor. (planning ref: P/2008/1714
FIXTURES AND FITTINGS
All trade fixtures and fittings except for our vendor’s private inventory will be included in this sale. A full inventory will be provided prior to exchange of contracts. No testing of these fixtures or any appliance has been undertaken by the agents, Ware Commercial.
SERVICES
Mains gas, electricity water, broadband and drainage are all connected. No testing of these services has been undertaken by the agents, Ware Commercial.
BUSINESS RATES
Please make enquiries on the local valuation website (VOA) at www.voa.gov.uk (Currently the main house is band C and the owners accommodation is band A
TENURE
Freehold
VIEWINGS.
All viewings and enquiries are to be made through the agents, Ware Commercial.
TEL. 01803 328880 or 01392 462266 Email. [email protected] www.warecommercial.com
Misrepresentation Act 1967: The Particulars are not considered a formal offer, they are for information only and give a general idea of the property. They are not to be taken as forming any part of a resulting contract nor be relied upon as statements or representations of fact. Whilst every care is taken in their preparation, no liability can be accepted for their accuracy. Intending purchasers must satisfy themselves by personal inspection or otherwise as to the correctness of these particulars.